Keywords: Exports
BYD, the world's largest electric vehicle maker, reported international sales of 120,083 vehicles in March, a 65 percent increase from the prior year, as oil prices inflated by the Iran conflict push consumers worldwide toward electric cars. The strong export figures come even as BYD's total......
A surge in Brazilian heavy fuel oil exports to Southeast Asia in March has helped relieve a severe bunker fuel supply crisis at Singapore, the world's largest ship refueling hub, after weeks of war-related disruptions strangled flows through the Strait of Hormuz, according to Reuters and maritime......
One month into the U.S. and Israeli war against Iran, Russia has emerged as one of the conflict's primary economic beneficiaries, collecting billions of dollars not only from surging oil prices but across a broad range of commodities including aluminum, fertilizers, and liquefied natural gas. The......
BYD, the world's largest electric vehicle manufacturer, reported sales of 300,222 vehicles in March, a 20.5% year-on-year decline according to Reuters calculations, extending its losing streak to seven consecutive months. New energy vehicle production fell 33% compared to the same month a year earlier. The......
South Korean exports reached a record $86.13 billion in March as eurozone manufacturing activity hit a 45-month high, with companies worldwide rushing to build up material stockpiles in response to supply chain disruptions caused by the conflict in the Middle East. South Korea's Ministry of Trade,......
The war involving Iran has disrupted global energy markets, cutting about 8 million barrels of crude oil per day and a fifth of global liquefied natural gas supply. Far from the Strait of Hormuz, African energy producers are emerging as long-term beneficiaries of the shock. Major producers including......
South African citrus producers have raised concerns over potential fuel shortages as the country prepares for its key export season starting in April. Industry representatives report isolated cases of diesel scarcity, which could disrupt harvesting and transportation operations. Although authorities......
Morocco continues to maintain its position in the European apparel market despite a challenging economic environment. Faced with slowing consumer demand and intensifying competition from Asian producers, the country’s textile sector has demonstrated resilience while undergoing structural changes. Moroccan......
The Middle East war now threatens to slow US liquefied natural gas export capacity expansion. It disrupts one-fifth of global supply and spikes prices in Europe and Asia. Freeport LNG CEO Michael Smith warned Wednesday at S&P Global's CERAWeek conference in Houston. Supply chain issues from......
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